Alabama Statutes

§ 11-81-182 — Payment of Expenses of Operation or Maintenance of System Out of General Funds

Alabama·Title 11 Counties and Municipal Corporations·Ch. 81 Municipal and County Bonds·Art. 5 Revenue Bonds for Waterworks, Gas, Sewer or Electric Systems
Nothing in this article shall be construed to prohibit the borrower from appropriating and using any part of its available income or revenues derived from any source other than from the operation of such system or combined system in paying any immediate expenses of operation or maintenance of any such system or combined system, but nothing in this article shall be construed to require the borrower to do so.

Free access — add to your briefcase to read the full text and ask questions with AI

Alabama § 11-81-182 (Payment of Expenses of Operation or Maintenance of System Out of General Funds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(Acts 1933, Ex. Sess., No. 102, p. 88; Code 1940, T. 37, §328.)

Nearby Sections

15
View on official source ↗